| Product Code: ETC7380573 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s import shipments of shrink wrap equipment in 2024 continued to be dominated by top exporters such as the USA, China, Trinidad and Tobago, Curaçao, and Panama. Despite a sharp decline in growth rate from the previous year, the industry maintained a high Herfindahl-Hirschman Index (HHI) concentration, indicating a competitive market. With a notable compound annual growth rate (CAGR) of 23.7% from 2020 to 2024, the sector shows promising expansion potential and opportunities for market players in the coming years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Grenada Shrink Wrap Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Shrink Wrap Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Shrink Wrap Equipment Market - Industry Life Cycle |
3.4 Grenada Shrink Wrap Equipment Market - Porter's Five Forces |
3.5 Grenada Shrink Wrap Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Shrink Wrap Equipment Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 Grenada Shrink Wrap Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Shrink Wrap Equipment Market Trends |
6 Grenada Shrink Wrap Equipment Market, By Types |
6.1 Grenada Shrink Wrap Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Shrink Wrap Equipment Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Shrink Wrap Equipment Market Revenues & Volume, By Semi-Automatic Wrapping Equipment, 2021- 2031F |
6.1.4 Grenada Shrink Wrap Equipment Market Revenues & Volume, By Fully Automatic Wrapping Equipment, 2021- 2031F |
6.2 Grenada Shrink Wrap Equipment Market, By End User Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Shrink Wrap Equipment Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.3 Grenada Shrink Wrap Equipment Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.4 Grenada Shrink Wrap Equipment Market Revenues & Volume, By Cosmetics and Personal Care, 2021- 2031F |
6.2.5 Grenada Shrink Wrap Equipment Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Shrink Wrap Equipment Market Import-Export Trade Statistics |
7.1 Grenada Shrink Wrap Equipment Market Export to Major Countries |
7.2 Grenada Shrink Wrap Equipment Market Imports from Major Countries |
8 Grenada Shrink Wrap Equipment Market Key Performance Indicators |
9 Grenada Shrink Wrap Equipment Market - Opportunity Assessment |
9.1 Grenada Shrink Wrap Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Shrink Wrap Equipment Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 Grenada Shrink Wrap Equipment Market - Competitive Landscape |
10.1 Grenada Shrink Wrap Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Shrink Wrap Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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